KPMG has announced the appointment of Navdeep Arora and Justin Balcombe to its insurance advisory practice.
Navdeep Arora is now leading KPMG’s insurance strategy practice, bringing extensive insurance and financial services experience. Navdeep has joined from McKinsey where he was a senior partner advising clients at Fortune 500 companies on strategy, growth and organisational issues.
Justin Balcombe has joined as UK head of general insurance consulting. With over 25 years’ experience in the global insurance market Justin has particular expertise in strategy, performance improvement, technology, analytics and brand value. Justin was previously based in Dubai where he led Ernst and Young’s MENA insurance group.
Phil Smart, UK head of insurance, commented: “We are absolutely delighted to welcome Navdeep and Justin to our team. Both are well recognised and highly regarded names in the industry and their arrival strengthens our growing advisory practice.
“As our clients face an increasingly challenging environment, it is imperative that we are able to offer the most innovative solutions on how to grow their businesses, maximise opportunities from advancing technology and manage the constantly changing regulatory environment. Our advisory practice - incorporating our management consulting, risk consulting and transactions and restructuring teams - is well placed to help our clients on this journey.”
Navdeep Arora commented: “I am excited to have joined KPMG. I am impressed with the calibre of people and the depth of knowledge and experience within the insurance practice. I look forward to working with my team to guide our clients through today’s challenging market.
Justin Balcombe commented: “It is a fascinating time to be working in insurance and I look forward to working with clients – both in the UK and globally – to execute the best growth strategies for their businesses.”
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